$1,489,000
Updated a month ago
Off Market

5022 Ave D

East Flatbush, Brooklyn | Park Ave & Myrtle Ave

7 Rooms5 Beds2.5 Baths2,800 Square FeetMixed Use

$1,489,000
floors / apts2 / 2
Lot Size20'x80'
Built Size20'x70'
ZoneR4
Building TypeLow-Rise
RE Taxes$21,332
Price Per SF
$532

Listing Features

  • Radiator

Property Description for 5022 Ave D

Unique Investment Opportunity in East Flatbush, Brooklyn** Welcome to an exceptional income-generating property nestled in the heart of East Flatbush, Brooklyn. This all-brick corner property offers a diverse mix of residential and commercial spaces, making it a prime investment for discerning buyers. **Residential Units: ** - **Two-Family Configuration: ** - **Unit 1: ** Spacious 3-bedroom unit, meticulously renovated with modern finishes. - **Unit 2: ** Cozy 1-bedroom unit, also fully updated to meet contemporary standards. - Both units are currently tenant-occupied, ensuring immediate rental income. - Each tenant is responsible for their own heat, hot water, and electricity, offering hassle-free property management. - Brand new plumbing and electric systems installed in both units, providing peace of mind and efficiency. **Additional Property Features: ** - Includes a garage, adding significant value for potential commercial uses or tenant convenience. - The property boasts new high-efficiency boilers, ensuring reliable and cost-effective heating. - Situated on a prominent corner lot, offering high visibility and accessibility for commercial tenants. **Investment Highlights: ** - The purchase includes an option to acquire the property through the existing LLC, which holds a long-term mortgage with a favorable low interest rate. This structure could offer significant financial advantages and facilitate a smoother transaction process. Don't miss out on the chance to own this versatile and lucrative real estate investment in a vibrant Brooklyn neighborhood. Whether you're looking to expand your portfolio or start a new business venture, this is a perfect opportunity. Contact us today to schedule a viewing and explore the potential of this remarkable property!

Listing History for 5022 Ave D

Now
07/27/2026
POM by Adargisa Cruz-Medina
RE/MAX Real Estate Professionals
2026

Building Details for 5022 Ave D

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts2/2
Learn More About the Building

Contact Agent

Contact Agent

Adargisa Cruz-Medina
RE/MAX Real Estate Professionals
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 81561TH